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Author Question: If the interest rate rises from 1 percent to 3 percent, the ________ decreases and the opportunity ... (Read 104 times)

Redwolflake15

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If the interest rate rises from 1 percent to 3 percent, the ________ decreases and the opportunity cost of holding money ________.
 
  A) demand for money; rises
  B) quantity of money demanded; rises
  C) quantity of money supplied; rises
  D) quantity of money demanded; falls
  E) quantity of money supplied; falls

Question 2

Moving along the aggregate supply curve,
 
  A) the quantity of capital used increases.
  B) technology advances.
  C) the stock of human capital increases.
  D) only the price level changes.
  E) the real wage rate is constant.



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firehawk60

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Answer to Question 1

B

Answer to Question 2

D





 

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